Similar to @vickyace's neutralize@vickyace's neutralize, which I like is the word
incapacitate
make unable to perform a certain action
Source: Macmillian
That is, you remove someone's capacity [to do something]. This is frequently used in the firearms community, when talking about a weapon's stopping power:
Stopping power is the ability of a firearm or other weapon to cause enough ballistic trauma to a target (human or animal) to immediately incapacitate (and thus stop) the target. This contrasts with lethality in that stopping power pertains only to a weapon's ability to incapacitate quickly, regardless of whether death ultimately occurs.
Source: Wikipedia article on stopping power
You can see here it only describes the power to remove someone's ability to act.
The drawback of this word, like neutralize, is that it's not specific to incapacitating powerful people. For that, you may consider dethrone, but that has its own limitations.